AMENDED AND RESTATED TRUST AGREEMENT Dated as of February 1, 2007Trust Agreement • February 2nd, 2007 • Carmax Auto Owner Trust 2007-1 • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of February 1, 2007 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO FUNDING LLC, a Delaware limited liability company, as depositor (the “Depositor”), THE BANK OF NEW YORK (DELAWARE), a Delaware banking corporation, as Delaware trustee and not in its individual capacity (in such capacity, the “Delaware Trustee”), and THE BANK OF NEW YORK, a New York banking corporation, as owner trustee and not in its individual capacity (in such capacity, the “Owner Trustee”).
CARMAX AUTO OWNER TRUST 2007-1, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Administrator, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture TrusteeAdministration Agreement • February 2nd, 2007 • Carmax Auto Owner Trust 2007-1 • Asset-backed securities • New York
ADMINISTRATION AGREEMENT, dated as of February 1, 2007 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among CARMAX AUTO OWNER TRUST 2007-1, a Delaware statutory trust (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company, as administrator (in such capacity, the “Administrator”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).
SALE AND SERVICING AGREEMENT Dated as of February 1, 2007Sale and Servicing Agreement • February 2nd, 2007 • Carmax Auto Owner Trust 2007-1 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of February 1, 2007 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO OWNER TRUST 2007-1, a Delaware statutory trust (the “Trust”), CARMAX AUTO FUNDING LLC, a Delaware limited liability company (the “Depositor”), and CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (“CarMax”), as servicer (in such capacity, the “Servicer”).
RECEIVABLES PURCHASE AGREEMENT Dated as of February 1, 2007Receivables Purchase Agreement • February 2nd, 2007 • Carmax Auto Owner Trust 2007-1 • Asset-backed securities • New York
This Receivables Purchase Agreement, dated as of February 1, 2007, is between CarMax Business Services, LLC, a Delaware limited liability company (“CarMax”), as seller (the “Seller”), and CarMax Auto Funding LLC, a Delaware limited liability company (“CarMax Funding”), as purchaser (the “Purchaser”).
